Tourism is a significant contributor to the Indian economy, providing socioeconomic benefits and positively impacting industries like food manufacturing, services, and construction. It creates jobs, generates income and foreign exchange. The tourism and hospitality industry includes accommodations, catering, transportation, attractions, and travel agencies/tour operators. Learn more about the GST on tour and travel agencies below. … Read more
GSTN has taken a step forward in the digitalization of business processes. It has now launched e-invoice registration services. It has been done as per the recommendation of the GST Council. E-Invoice Registration is launched in collaboration with various private IRPs. Four Private Companies Empaneled by GSTN for E-Invoice Registration Services GSTN has selected four … Read more
The government is planning to address the long-pending issue of providing refunds on goods and services tax (GST) paid by foreign tourists who shop in India. Let’s understand the news in detail. GST Refunds for Foreign Tourists Planned in India Next Year” According to sources, the government will soon begin working on the procedure and … Read more
India’s hospitality industry is a key driver of growth in the country’s service sector, and is often a top revenue producer. It’s expected to continue growing, thanks to the country’s large tourism potential. Over the past 15 years, hotel brands have organized and established the industry as a service-based rather than reality-based sector, making them … Read more
GST is a value-added tax on the supply of goods and services in India, introduced on July 1, 2017, to simplify the indirect taxation system. Businesses supplying goods or services with a turnover above a certain threshold must register for GST. However, there are other criterias as well. This article will cover all the eligibility … Read more
![GST on Television [TV] in India](https://e-startupindia.com/learn/wp-content/uploads/2023/03/GST-on-Television-TV-in-India.png)
This article will guide you about important information regarding GST on Television in India. The introduction of GST has had a significant impact on the television industry, affecting both Indian manufacturers and customers. Thus, it’s important to know about GST on Television [TV] in India. Understanding the Taxability of GST on Television Sales Under GST … Read more
GST (Goods and Services Tax) registration is a process by which businesses obtain a unique GST number from the government of India. The GST number is necessary for businesses to be able to legally collect and remit GST on their taxable supplies. To obtain a GST number, a business needs to apply for GST registration. … Read more
On February 18, 2023, the 49th GST Council convened in New Delhi under the leadership of Smt. Nirmala Sitharaman, the Union Minister for Finance and Corporate Affairs. In attendance were Union Minister of State for Finance Shri Pankaj Chaudhary, finance ministers from states and union territories with legislatures, as well as senior officials from the … Read more
Every business having GST Registration must display a GST Registration Certificate at their business places. There are also rules to display GSTIN. This may seem only a small requirement, but ignoring it can result in huge penalties and therefore, you must know all about the display of GST Registration Certificate and Penalties. GST Laws on … Read more
Finance Minister Nirmala Sitharaman stated at a Confederation of Indian Industry (CII) event that the matter of GST Rate on Cement will be investigated and, if necessary, referred to the GST fitment committee. Let’s read about the latest updates on the 28% GST Rate on Cement which may be revised soon through this article. Finance … Read more